TAMPA, FL – JUNE 6, 2024 — Essex Capital Group, Inc. (“Essex”) announced today that the firm recently arranged $4,500,000 in a new debt facility for Door Kraft Products, Inc. (the “Company”).
The Company has been in the import and distribution of kitchen cabinet solid wood components since 2010. In 2018, Door Kraft expanded its offering with a new division called Cosmo Cabinets to manufacture frameless European-style kitchen cabinets in the US.
The Company hired Essex to find a new debt facility, as its existing financing was maturing and the Company needed additional liquidity to expand into new markets.
Door Kraft’s CEO, Umaesh Khaitan, commented, “Essex delivered a robust financing solution for our Company that was perfectly tailored to our needs. This deal sets us up to properly finance our strong growth trajectory into the immediate future. We’re thrilled with the successful closing that Essex brought us,”
Essex Capital acted as the exclusive financial advisor for Door Kraft Products, Inc. in this transaction.
About Essex Capital
Essex Capital Group, Inc. is a Tampa, Florida-based corporate finance firm serving small and middle market privately held companies located throughout the United States. With extensive capital markets experience, Essex provides creative solutions to businesses in need of financial restructuring. Typical advisory services include balance sheet recapitalizations with senior and subordinated debt. Since inception in 2003, Essex has successfully raised in excess of $1.3 Billion for 140+ corporate finance clients.
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